Mexican State Electricity Seeks up to $867 Million to Expand Its Network
5 Articles
5 Articles
Mexico City, Nov 10 (EFE).- Mexico's state-run Federal Electricity Commission (CFE) announced Tuesday that it seeks to capture between $580 and $867 million through CFE Fiber E, its listed trust and the only investment vehicle with access to the revenues of the National [...] La entrada Mexican state electricity seeks up to $867 million to expand its network was first published in HolaNews.
The CFE operation includes an initial offer estimated at $580 million, although it could increase to $867 million.
The CFE Finance Director previously estimated a placement amount of approximately US$1 billion.
CFE has announced that it seeks to raise $580 million to strengthen and expand the National Transmission Network and facilitate the integration of clean energy.
Unique opportunity to invest in the first capital issue in the primary market since 2018.Resources will boost transmission projects to bring reliable electricity across the country.
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